The robotics industry is expected to reach $95.93 billion by 2029, growing at a CAGR of 15.91%. Robotics has become more prominent in the market due to an increase in demand combined with large investments in the industry.
While robotics has been transforming major industrial spaces for decades, the rise of artificial intelligence (AI) could create even more efficiencies in this burgeoning field. In particular, with the advent of novel AI technologies, robotics could enter a new era of growth.
Collaboration brings together Hitachi's leadership in mission-critical products and services in the physical world with NVIDIA's expertise in AI platforms TOKYO , March 18, 2024 /PRNewswire/ -- Hitachi, Ltd. (TSE:6501) today announced it is collaborating with NVIDIA to accelerate social innovation and digital transformation by combining Hitachi's domain solutions in operational technology (OT) ...
Big industrial companies Hitachi and GE were major outperformers in 2023, while most stocks other than the “Magnificent 7” went nowhere. Hitachi has a long history in electronics and heavy industry that has relevance to grid management and power distribution; these are key issues in the renewable energy transition. Whereas the old view of power systems revolves around “base load”, Hitachi is in...
GlobalLogic, a digital transformation services business bought out by Hitachi in 2021, has recently proposed two new acquisitions. Hitachi Power Solutions' carbon neutrality business aims to generate at least JPY30 billion in revenue by FY 2027 by taking advantage of opportunities related to decarbonization. I retain my Buy rating for HTHIY after reviewing the recent updates for the company's d...
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